Finance Director - Bain Capital Asset Management

Bain Capital•Boston, MA

9d•Hybrid

About The Position

This role will serve as the primary day-to-day finance lead for BCAM-Insurance, the dedicated investment adviser to Bain Capital’s insurance company and insurance-related clients. While prior experience in the insurance industry would be beneficial, it is not required. The successful candidate will, however, have relevant finance experience within the asset management industry. The Bain Capital Insurance investment team is comprised of 30 U.S. team members and 4 U.K. team members, who spend their time reviewing investment opportunities, conducting due diligence, preparing investment materials and monitoring existing portfolio investments. In addition, we are continuing to build out Bain Capital Asset Management (BCAM), a purpose-built asset management group with an investment mandate centered around providing insurance-focused asset management capabilities to both internal and external partners. BCAM focuses on managing assets backing liabilities across life insurance, annuities, P&C, and Long-Term Care products, with a focus on both capital preservation and generating strong loss-adjusted returns. Additionally, BCAM will leverage the Bain Capital platform and captive asset origination platforms to focus on investments across a wide spectrum of asset classes, from traditional fixed income to esoterics and alternatives.

Requirements

12+ years of experience at an Investment Advisor and/or public accounting firm in a demanding and rigorous environment
Proven ability to manage competing priorities and deliver under tight deadlines without sacrificing quality
Highly self-motivated with a strong sense of ownership and the ability to operate independently
Ability to operate independently and manage internal and external stakeholders
Sharp analytical and problem-solving skills, with a track record of working through ambiguity
Polished interpersonal skills and the confidence to engage effectively with external parties and senior leadership alike
Comfort interpreting complex legal and fund documentation
Collaborative team player who leads with follow-through and accountability
Intellectually curious and adaptable, with the ability to quickly develop fluency in diverse investment structures — from fund-of-funds and private credit to derivatives and structured products
Advanced proficiency in Excel
Technology acumen: demonstrated aptitude for learning and effectively utilizing accounting and reporting systems
Strong working knowledge of AI tools, with a genuine enthusiasm for leveraging emerging technology to drive efficiency
Four-year college degree with a strong academic background. Major in accounting, finance or related degree required.
Public accounting experience preferred.
CPA, CFA or equivalent qualification.

Nice To Haves

Prior experience in the insurance industry would be beneficial

Responsibilities

Develop a comprehensive understanding of the BCAM-Insurance business and its full range of asset classes across fund and IMA relationships, including private investments, IDIs, insurance sidecars, structured assets, fund-of-funds and derivatives
Lead, develop, and manage the BCAM-Insurance finance function while coordinating seamlessly with internal Bain Capital stakeholders and external fund administrators
Manage workstreams with various groups within Bain Capital including compliance, legal, tax, investment operations, GP group.
Own the build-out of scalable, efficient finance infrastructure to support BCAM Insurance's growth trajectory
Oversee and/or execute NAV reviews, investor capital reporting, consolidations, bespoke reporting requests, US GAAP valuations, Valuation Committee materials, expense allocations and cash management
Drive the year-end audit process, serving as the primary liaison with external auditors to ensure accuracy and timeliness
Partner closely with deal teams and portfolio management to provide real-time financial insight and support for ongoing investment monitoring
Navigate and execute complex, high-priority ad-hoc requests with speed and precision